Video Asylum

I am sorry to say no to you. But Europe is bigger than USA.

212.149.228.203

Ole Lund Christensen

In Reply to: RE: The format war will be fought and won in the market with the highest number of consumers: the USA. posted by oscar on December 06, 2007 at 07:08:06

Europe have more people and more money according to CIA. Note how much the USD droped since 2006.

USA is now less than 20% of the world economy.
If the USA economy tanks, the world will keep on going and drag USA up again. The growth in Brazil, Russia, India, China and Europe is strong and based mainly on savings.

see CIA link

https://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html (Open in New Window)

Follow Ups:

You forget Americans are the most prolific consumers out there. - oscar 09:03:21 12/06/07 (1)
Europeans are more likely to save money rather than waste it on consumer goods.
- That is true, but there are about 200 million more people in Europe - Ole Lund Christensen 10:11:46 12/06/07 (0)
  Take sales of recorded music
  
  USA 2005 USD 11,195 million
  Europe 2005 USD 11,294 million
  
  Since 2005 the USD have dropped a lot.
  
  see link
  - http://www.riaj.or.jp/e/issue/pdf/RIAJ2007E.pdf (Open in New Window)

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